Update to GLD $126 Calls

This was the earlier post of GLD charts...

There's a subtle change, but an important one, it may be very favorable for those who may be in a 2-3x leveraged GOLD ETF.

 GLD 3 min, GLD didn't take right off after the call position was opened earlier today and I'm fine with that so long as 3C is adding to the positive divergence (within reason of course considering time decay on options).

 The 10 min chart also added to the divergence today so I'm fine with GLD calls.

Here's where we are seeing a little change, it doesn't look like much, but it takes a lot to move a timeframe this long on a slow day.

It's the fact that the 15 min timeframe is moving positive that is special about today. I wouldn't sell this chart on its own or earlier, but considering GLD's consolidation today, the fact that this improved tells me there seems to be a larger degree of activity than earlier thought which benefits the etfs.